Low deposit first home buyers now have $82,000 in equity

Low deposit first home buyers now have $82,000 in equity

First home buyers who bought into the market using the federal government’s 5% deposit scheme have racked up $82,000 in home equity on average, new data shows. It’s been three years since the First Home Loan Deposit Scheme was launched, and while it’s known today as...
Help to Buy Scheme set to kick off in 2024

Help to Buy Scheme set to kick off in 2024

The highly anticipated Help to Buy Scheme will kick off next year, giving more Aussies a chance to score their dream home. Today we’ll unpack how the new federal government scheme will work, who it’ll benefit, and the fine print you need to know. A key election...
Avoiding the underinsurance risk

Avoiding the underinsurance risk

Over the past year, the cost of pretty much everything has gone up. Inflation is still rising at around 7% per month, way ahead of the Reserve Bank’s target of 2-3% – and, while it means we have significantly less money in our pockets every month and need to budget...
Sneaky rate hikes – is your lender behind them?

Sneaky rate hikes – is your lender behind them?

The Reserve Bank (RBA) may have kept the cash rate on hold but that hasn’t stopped some lenders from hiking their variable home loan rates. Here’s how borrowers are fighting back. Home owners may be celebrating two months of the RBA cash rate staying on hold. But...
Fennell West